Southern Copper (SCCO) Research & Development (2009 - 2026)
Southern Copper (SCCO) reported Research & Development of $15.7 million for Q3 2026, up 53.9% from $10.2 million a year earlier and up 5.4% from the prior quarter.
Southern Copper (SCCO) Research & Development (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Southern Copper's Research & Development came in at $58.6 million, up 12.5% year-over-year; for FY2025, it was $52.8 million, down 13.3% from FY2024.
- Research & Development has a five-year compound annual growth rate of 10.1% (FY2020 to FY2025).
- By year, Research & Development came in at $60.9 million in FY2024 (+10.7%), $55 million in FY2023 (+31.9%), $41.7 million in FY2022 (-3.9%) and $43.4 million in FY2021 (+33.1%).
- Five-year quarterly Research & Development spans a low of $9.1 million in Q1 2022 and a high of $18.6 million in Q2 2024.
- Year over year, Research & Development gained in four of the last eight quarters, with growth averaging 1.1%.
- The high point for year-over-year Research & Development in five years was Q3 2023 (growth of 61.5%); the low point was Q4 2022 (a decline of 33.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $14.9 million (Q2 2026), $10.8 million (Q1 2026) and $17.2 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 146.13 Bn | 120.87 Bn | 3.10 Bn | 15.70 Mn |
| 3 | Rio Tinto | 139.91 Bn | 100.73 Bn | - | - |
| 4 | Newmont | 132.02 Bn | 97.16 Bn | 4.22 Bn | 58.00 Mn |
| 5 | Agnico Eagle Mines | 99.99 Bn | 86.94 Bn | 2.15 Bn | 77.12 Mn |
| 6 | Ternium | 99.94 Bn | 68.19 Bn | 1.04 Bn | - |
| 7 | Freeport-Mcmoran | 89.88 Bn | 73.92 Bn | 2.19 Bn | 53.00 Mn |
| 8 | Barrick Mining | 72.35 Bn | 47.55 Bn | 2.90 Bn | 134.00 Mn |
| 9 | Nucor | 56.88 Bn | 46.26 Bn | 2.03 Bn | - |
| 10 | AngloGold Ashanti | 50.33 Bn | 37.64 Bn | 1.30 Bn | 52.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.70 Mn |
| Jun 30, 2026 | 14.90 Mn |
| Mar 31, 2026 | 10.80 Mn |
| Dec 31, 2025 | 17.20 Mn |
| Sep 30, 2025 | 10.20 Mn |
| Jun 30, 2025 | 13.70 Mn |
| Mar 31, 2025 | 11.70 Mn |
| Dec 31, 2024 | 16.50 Mn |
| Sep 30, 2024 | 13.20 Mn |
| Jun 30, 2024 | 18.60 Mn |
| Mar 31, 2024 | 12.70 Mn |
| Dec 31, 2023 | 15.50 Mn |
| Sep 30, 2023 | 15.50 Mn |
| Jun 30, 2023 | 12.10 Mn |
| Mar 31, 2023 | 11.90 Mn |
| Dec 31, 2022 | 11.10 Mn |
| Sep 30, 2022 | 9.60 Mn |
| Jun 30, 2022 | 11.80 Mn |
| Mar 31, 2022 | 9.10 Mn |
| Dec 31, 2021 | 16.70 Mn |
Southern Copper Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=SCCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SCCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=SCCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();